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ANTs Software.com Strengthens Administrative, Internal Control, and Premises Management Staffing.


Business Editors/High Tech Writers

BURLINGAME, Calif.--(BUSINESS WIRE)--March 6, 2000

ANTs software.com, (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB:ANTS) (www.antssoftware.com) a developer of advanced technologies to speed up computer processing today announced the addition of two highly qualified individuals to its administrative and internal control staff.

Rosalind Ferrara joins ANTs as Deputy Chief of Staff. Most recently, she has served as Vice President and Controller for an oil and gas investment company. Previously, she was with the Jardine Matheson organization as Vice President - Finance of Jardine Energy Services, Inc.

Ms. Ferrara's background in accounting and finance is well suited to the immediate needs of the Office of the Chief of Staff. She also has extensive business experience in premises project management and has been appointed Project Manager for all aspects of the fitting out and occupancy of the Company's new, 14,000 square foot headquarters premises in San Mateo, California San Mateo is a city in San Mateo County, California, in the San Francisco Bay Area. It is one of the larger suburbs on the San Francisco Peninsula, located between Burlingame to the north, Foster City to the East, and Belmont to the south. .

After receiving a Bachelor of Business Administration “BBA” redirects here. For other uses, see BBA (disambiguation).

The Bachelor of Business Administration (BBA) is a bachelor's degree in business studies.
 - Accounting degree, Ms. Ferrara obtained a Master in Business Administration degree from the College of Notre Dame, Belmont, California.

Hokon Choe joins ANTs as Controller, marking the first time that the Company has established such an internal audit position. Most recently, he was the team leader consultant for PriceWaterhouseCoopers on a SAP installation with one of the world's leading insurance companies. Previously, he served as Supervising Senior Accountant and, earlier, as Staff Accountant, in the tax and audit departments of KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm)
KPMG Kaiser Permanente Medical Group
KPMG Keiner Prüft Mehr Genau (German)
KPMG Kommen Prüfen Meckern Gehen
 Peat Marwick and Arthur Andersen, respectively.

Mr. Choe has performed full audits, tested clients' internal control environments and made recommendations to senior management for procedural change. He is a CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. , member of AICPA AICPA

See American Institute of Certified Public Accountants (AICPA).
, a graduate of the University of California The University of California has a combined student body of more than 191,000 students, over 1,340,000 living alumni, and a combined systemwide and campus endowment of just over $7.3 billion (8th largest in the United States).  at Los Angeles with a Bachelor of Arts degree in Business/Economics, and is certified in SAP Financial and Accounting Controlling (FICO FICO

See: Financing corporation
) module.

Frederick D. Pettit, ANTs' Chief Executive Officer said, "The Company continues to actively seek to fill two Managing Director positions: Chief Financial Officer, and Managing Director for Human Resources. In the interim, John Crary, Chief of Staff, has a span of responsibilities including Secretary and Treasurer, Financial Control, Compliance, Strategic Planning, MIS, Market Research, Internal Operations, Investor Relations Investor relations

The process by which the corporation communicates with its investors.
, Web Site Operations and Development, and Facilities Management.

"The appointments of Ms. Ferrara and Mr. Choe will provide significant support to Mr. Crary and greatly expand our administrative strength. We are very pleased to have individuals of their caliber and experience joining our team."

"Staffing our organization with superior performers whose experience fits our needs is our highest priority. We recognize that we must continue to recruit top-notch talent to the ANTs' team if we are to meet our aggressive timetable for development and commercial availability. We encourage prospective staff members to visit our web site and to contact us if the positions we describe are of interest."

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan", confident that", "believe", "expect", "intend to", and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 created by the Act. Such statements are subject to certain risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings, and other risks.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 6, 2000
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